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A lot of stuff about this post doesn't add up.
$800 is a huge first month for any site. Every site I've ever worked with has seen minimal google traffic for at least 2-3 months before taking off.
$200 in ad revenue per day is a HUGE amount of traffic for a "sub-niche". WTF is your competition doing? How is a sub-niche generating that kind of traffic? You're either completely dominating, or it's a hugely popular "sub-niche".
At any rate, if your site were older and had sustained its revenue for a long time, it would be worth 12-18 months net profit. As it is, it's new and grew suspiciously fast, so it's a risky investment. I'd pay 3-4 months net profit, no more.
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